"FTX Founder Sam Bankman-Fried Faces Sentencing in Fraud Case"

Sam Bankman-Fried returns to a Manhattan courthouse for sentencing after being convicted on fraud and conspiracy charges related to the collapse of FTX, with prosecutors recommending 40 to 50 years in prison while his attorneys requested no more than 6 1/2 years. The U.S. Department of Justice argued for a severe penalty, citing the loss of billions of customer and investor funds, while Bankman-Fried's defense emphasized his remorse and attempts to resolve FTX's bankruptcy. The judge overseeing the case isn't bound by the recommended 100-year prison term and will consider materials from both sides. Bankman-Fried is expected to appeal his conviction after sentencing.